Nearly two-thirds of organizations consider cyber threats to be among their top five risk-1--management priorities, yet only 1-in-5 board members say they review their company’s cyber risk reports, according to a new study released today.
Infinity Property & Casualty’s ratings have been placed under review with negative implications by AM Best, the ratings agency said today, citing the planned acquisition of the company by Kemper.
A French insurance industry group estimates that Hurricane Irma’s damages in the Caribbean could cost insurers EUR1.83bn ($2.26bn), Reuters reported today.
Private equity-backed broker Confie has acquired two personal lines agencies, Little Falls, New York-based Day & Read and Ellensburg, Washington-based Blue Ridge Insurance, the buyer said today.
